In certain macro circles, so many people (especially >50 y/o) are big into the idea of a gold-backed BRICS currency and how it'll subvert the dollar and moon the price of gold.
And while there's some...
One positive from the BRICS collaboration is that there are other systems/routes to transfer wealth.
Maybe other countries that can't/won't join BRICS will firm their own. This is good news on a macro scale. It gives greater confidence for "community" banks to start up & use the BRICS clearing system. Other systems should start up meaning a central crypto will fail.
Cash will remain king (in whatever form) until Bitcoin is sustainable on a large scale.
Maybe other countries that can't/won't join BRICS will firm their own. This is good news on a macro scale. It gives greater confidence for "community" banks to start up & use the BRICS clearing system. Other systems should start up meaning a central crypto will fail.
Cash will remain king (in whatever form) until Bitcoin is sustainable on a large scale.